“SAB 121 is non-binding staff guidance that, if followed, enhances important disclosure to investors in firms that safeguard crypto assets for others,” an SEC spokesperson said in a statement after the vote. “Time and again, we have seen crypto firms fail and watched as their customers lined up at the bankruptcy court in hopes of getting what they thought was legally theirs.”
The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What...
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A bold new SEC agenda is taking shape, as the agency slashes aggressive penalties, targets real fraud, and champions clear...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has cooled after months of strong...
